billvon 3,132 #201 January 31, 2008 >However, I am discussing the *reality* of a company struggling to stay >solvent. When government intervention (via whatever mechanism) >increases the cost of business beyond what that company can sustain, that >business has 3 choices: >1. Downsize >2. Outsource (if they can) >3. Go out of business Agreed. However, there is that key phrase "beyond what the company can sustain." If, for example, you start taxing Exxon heavily, it will go out of business because it will be out-competed by other oil suppliers. If you start taxing every provider of petroleum products equally, then they will continue to do well. Why? Because the competitive pressures are still there, and overall demand for gasoline is largely inelastic. Gas prices for all companies would go up to cover the tax and thus the companies would make about the same profit. Consumers, of course, would pay in the end. BTW the downsizing thing is a different argument; that's caused primarily by minimum wage and cost of living issues here in the US (IMO.) If you assume a causal linkage between taxes and government spending, such an action would actually IMPROVE the economy. At a very basic level, the government pays people to work. The more money they have, the more jobs there are to give out. And overall, reducing unemployment has a much greater effect on the economy than giving people an extra $100 (either through tax breaks or straight refunds.) It should be noted that I don't think it's a good idea to "save the economy" by giving people government jobs, but it would work. Quote Share this post Link to post Share on other sites
mnealtx 0 #202 January 31, 2008 QuoteQuoteQuote How does taxing a CEO's compensation package make a company less competitive? Could millionaire hedge fund managers not get by if they had to pay tax at the same rate I do? Bill and I are in an offshoot about the effect of tax on business - kindly restrain your strawmen to the main argument of the thread, thanks. Evasion again. "User fees"Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kallend 2,184 #203 January 31, 2008 QuoteQuoteQuoteQuote How does taxing a CEO's compensation package make a company less competitive? Could millionaire hedge fund managers not get by if they had to pay tax at the same rate I do? Bill and I are in an offshoot about the effect of tax on business - kindly restrain your strawmen to the main argument of the thread, thanks. Evasion again. "User fees" We WERE discussing taxes on the rich. You have a short memory when convenient.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
chinagirl 0 #204 January 31, 2008 The rich? What is your definition of "the rich"? You think that making over $75K/year allows you to live a life in a damn resort? I'm tired of people proclaiming to punish the rich and the CEO's of the world but failing to realize that you end up hurting the entrepreneurs and small business owners. How many "rich' people do you think there are in comparison to "higher middle class?" Yes, let's stop individuals for putting in the extra effort to make more money so they can get ahead. Damn them for trying to exceed in life....~Built for Abuse www.skydivethefarm.com Quote Share this post Link to post Share on other sites
kallend 2,184 #205 January 31, 2008 Quote The rich? What is your definition of "the rich"? You think that making over $75K/year allows you to live a life in a damn resort? I'm tired of people proclaiming to punish the rich and the CEO's of the world but failing to realize that you end up hurting the entrepreneurs and small business owners. How many "rich' people do you think there are in comparison to "higher middle class?" Yes, let's stop individuals for putting in the extra effort to make more money so they can get ahead. Ask the people who brought it into the thread. How do you feel about hedge fund managers making $millions each year paying tax at a lower rate than you do? Quote Damn them for trying to exceed in life....[/ A life of excess - what we all dream about... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #206 February 1, 2008 Quote Quote The rich? What is your definition of "the rich"? You think that making over $75K/year allows you to live a life in a damn resort? I'm tired of people proclaiming to punish the rich and the CEO's of the world but failing to realize that you end up hurting the entrepreneurs and small business owners. How many "rich' people do you think there are in comparison to "higher middle class?" Yes, let's stop individuals for putting in the extra effort to make more money so they can get ahead. Ask the people who brought it into the thread. How do you feel about hedge fund managers making $millions each year paying tax at a lower rate than you do? Quote Damn them for trying to exceed in life....[/ A life of excess - what we all dream about You mean exactly how you brought in 'user fees' and 'hedge fund managers', Professor? More of your 'do as I say, not as I do' debate tactics? BTW, Professor...I wasn't the one that brought vouchers into the discussion...I just answered the post.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kallend 2,184 #207 February 1, 2008 Quote Quote Quote The rich? What is your definition of "the rich"? You think that making over $75K/year allows you to live a life in a damn resort? I'm tired of people proclaiming to punish the rich and the CEO's of the world but failing to realize that you end up hurting the entrepreneurs and small business owners. How many "rich' people do you think there are in comparison to "higher middle class?" Yes, let's stop individuals for putting in the extra effort to make more money so they can get ahead. Ask the people who brought it into the thread. How do you feel about hedge fund managers making $millions each year paying tax at a lower rate than you do? Quote Damn them for trying to exceed in life....[/ A life of excess - what we all dream about You mean exactly how you brought in 'user fees' and 'hedge fund managers', Professor? More of your 'do as I say, not as I do' debate tactics? BTW, Professor...I wasn't the one that brought vouchers into the discussion...I just answered the post. Well, Mr. Pot, explain how you jumped from taxing "the rich" to corporate taxes? Explain how multi-millionaire hedge fund managers aren't among "the rich"? Explain how taxes that JUST pay for what YOU use are any different from "user fees".... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #208 February 1, 2008 QuoteQuote You mean exactly how you brought in 'user fees' and 'hedge fund managers', Professor? More of your 'do as I say, not as I do' debate tactics? BTW, Professor...I wasn't the one that brought vouchers into the discussion...I just answered the post. Well, Mr. Pot, explain how you jumped from taxing "the rich" to corporate taxes? Explain how multi-millionaire hedge fund managers aren't among "the rich"? Explain how taxes that JUST pay for what YOU use are any different from "user fees". I brought it up - just as you did with your user fees and bond managers. Of course, I *included* it with the rich, unlike your user fee/bond manager strawman. Answer a few questions from tohers yourself and you might get more cooperation when you ask one.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
